Stuart Canfield - 22 Jun 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Stuart Canfield
Issuer symbol
EA
Transactions as of
22 Jun 2024
Net transactions value
-$439,708
Form type
4
Filing time
24 Jun 2024, 19:11:54 UTC
Previous filing
20 Jun 2024
Next filing
27 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +6,377 +72% 15,215 22 Jun 2024 Direct F1
transaction EA Common Stock Tax liability $439,708 -3,162 -21% $139.06 12,053 22 Jun 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EA Restricted Stock Units Options Exercise -6,377 -33% 12,754 22 Jun 2024 Common Stock 6,377 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F2 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
F3 Restricted Stock Unit shall vest as to one-third on June 22, 2024, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on June 22, 2026.